Sushi DAO proposes strategy to increase liquidity by selling all SUSHI tokens

Sushi DAO, the organization governing the Sushi Swap decentralized exchange, has proposed diversifying its treasury assets. Under the proposal, Sushi’s treasury will go from 100% SUSHI tokens to a mix of stablecoins and other assets.

This proposal outlines a strategy for diversifying the treasury assets to mitigate risks and enhance long-term stability.

If implemented, all these tokens will gradually sold, and the proceeds will acquire a new treasury: 70% stablecoins, 20% “blue chip” cryptoassets (BTC, ETH), and possibly 10% other DeFi tokens.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts